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What type of loan should I get?

With so many different types of loans available, it's hard to know what product to choose.

The easiest way to decide is to see a finance broker, they should do all the decision making for you, but if you want to know a bit about the types of loans before your visit, we've put together a summarised product list with their features.

Combination or Split

Offers a combination of both fixed and variable rate loans to take advantage of different benefits

Line of Credit

Pay credited in full to loan account

Facility can be used for a range of different purposes

Repayment options are usually flexible

Funds are easily accessible via ATM, Netbank and EFTPOS

Free redraw

Variable interest rate

Low Doc

For borrowers who are unable to provide Financial Statement/Tax Returns to the lender to verify income

Available to self-employed applicants only

Minimum two year self employed

Must have an ABN

Must be registered for GST

Bridging Finance

Finance can be arranged for a new home or block of land to be purchased prior to the sale of your existing property

Repayment options on loan can be tailored to your individual circumstances

If you need a home loan, car loan, truck loan, investment loan or any other type of loan, a mortgage broker can take away all the pain of choosing the right product for your situation.

To get started, contact PEB Finance on 1300 187 894. Our offices are located in Inglewood and Willetton, Western Australia and we are happy to visit you, in your home, anywhere in the Perth metro area.